Business Studies, asked by praneeth1297, 1 year ago

Review of the social responsibility of business is to increase its profits

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Answered by sethu15
0
First thing let us start with a little overview of what Milton Friedman exposed in his article. It seems that the whole point of his essay revolves around one basic statement which clearly says that the only social responsibility of business is to use its resources and engage in activities designed to increase its profits so long it stays within the rules of the game (Milton Friedman, the social responsibility of business is to increase profit). 
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